Respuesta :
The correct option of the given question is C. ASC 323 Investments – Equity Method and Joint Ventures.
The equity method of accounting, in some cases alluded to as "equity accounting," is the accounting treatment for one element's partial proprietorship in another substance when the element making the speculation can impact the working or monetary decisions of the investee. Regularly an organization might need to put resources into an organization yet not own it totally. These partial ownerships can help organizations for various reasons:
The effective financial planning organization is essentially searching for a worthwhile speculation
At least two organizations have a comparable objective and need to enhance their gamble and expenses
The venture element was beforehand an entirely possessed auxiliary that the organization presently needs to sell partially
At least two organizations need to subsidize innovative work and structure a joint dare to pool monetary assets, as well as mastery and experience
No matter what the drive behind a substance's investments, ASC 323 Investments - Equity Method and Joint Endeavors (ASC 323) gives direction on the models to deciding if you have a venture that fits the bill for the equity method of accounting and how to represent the speculation under US GAAP.
to know more about partial ownership click here:
https://brainly.com/question/13995324
#SPJ4
